What is the stock price of Axt Inc?

What is the stock price of Axt Inc?

FREMONT, Calif., April 12, 2021 (GLOBE NEWSWIRE) — AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the first quarter 202… AXT (AXTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

What kind of rating does Axt have on Zacks?

AXT (AXTI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.

When does the next quarter for Axt come out?

AXT (AXTI) delivered earnings and revenue surprises of 33.33% and 7.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

What kind of business does Axt inc.do?

AXT, Inc. engages in the design, development, manufacture, and distribution of compound and single element semiconductor substrates. It also sells specialty material substrates and raw materials used to make substrates and other related products.

(To watch Walkley’s track record, click here) Overall, the unanimous Strong Buy consensus rating here, based on 4 recent positive reviews, shows that Wall Street agrees with Walkley on this stock. The shares are trading for $6.51, and the average price target of $11.13 indicates a potential upside of 71% for the next 12 months.

Who are the Board of directors of Axt?

AXT, Inc. (AXTI), a leading material science company manufacturing single crystal compound semiconductor substrates, announced today that Christine Russell has been appointed to the AXT Board of Directors, effective December 23, 2019. Russell will serve on the audit, compensation and nominating/corporate governance committees.

Where does Axt inc.make its chips?

AXT has operations in both California and China, staying close to Silicon Valley customers and Chinese raw materials. The company holds a vital niche in the chip industry, and its revenue and earnings have been reflecting that.

Who is the analyst that covers Axt Inc?

AXT has received ‘significant interest’ from potential customers of GaAs products, and predicts increasing demand as the products finds more applications. Analyst Richard Shannon, covering this stock for Craig-Hallum, takes especial note of the increasing demand for the company’s products.